$1,164 Closing Credit*
$98,000
1,050 SqFt
3 Beds
•2 Full Baths
REBECCA LILLICH, Listing Office: RALEIGH REALTY INC.
Is Westover, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Westover has remained a Seller's Market.
Key Takeaway
Westover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westover, NC
How much do homes in Westover, NC cost?
Median Sold Price
$202,060
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,060(+6.3%)
Key Takeaway
Homes in Westover have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Westover was $202,060 in November 2024, up 6.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75.5K | $68K | -9.9% |
| 2 Bedrooms | $92.5K | $122.5K | +32.4% |
| 3 Bedrooms | $191.8K | $201.9K | +5.3% |
| 4 Bedrooms | $215K | $250K | +16.3% |
| 5+ Bedrooms | $253K | $303.5K | +20.0% |
Summary: Westover housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Neighborhoods
| Bonnie Doone | $198.9K | $219.5K | +10.4% |
| Westover | $190K | $202K | +6.3% |
Housing Supply in Westover, NC
How many homes are available in Westover, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 153 | 146 | -4.6% |
Summary: The Westover real estate market had 146 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 29 | +38.1% |
| 3 Bedrooms | 112 | 95 | -15.2% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westover housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.1%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 26 | -39.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westover, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Westover in November 2024, down by 39.5% month-over-month. Of the 26 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.
Days on Market for Westover, NC
How long does it take to sell a home in Westover, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 45 Days | +140.4% |
Summary: Homes in Westover had an average of 45 days on market in Nov 2024, up by 140.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westover are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Westover; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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